Ultrasonic Flow Meter Market, The Next Big Innovation And Growth Forecast by Fact MR

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According to a new study by Fact.MR, a market research and competitive intelligence provider, the global ultrasonic flow meter market is estimated at US$ 2.15 billion in 2024 and is projected to expand at a CAGR of 6.7% from 2024 to 2034.

The market is expanding at a significant pace, driven by growing demand for accurate and non-intrusive flow measurement solutions across various industries. Ultrasonic flow meters utilize ultrasonic technology to measure fluid velocity without disrupting the flow, making them a preferred choice for applications in water and wastewater management, oil and gas, chemicals, and other sectors.

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Key Companies Profiled in This Report

  • Honeywell International Inc.
  • OMEGA Engineering Inc.
  • General Electric
  • Emerson Electric Co.
  • Greyline Instruments
  • Siemens AG
  • KRONE Group
  • Endress+Hauser Management AG
  • Hontzsch GmbH & Co. KG
  • Energoflow AG
  • Fuji Electric Co., Ltd.
  • HONDA Electronics Co., Ltd.
  • MIB GmbH
  • Pietro Fiorentini S.p.A
  • KOBOLD Messring GmbH
  • Tokyo KEISO Co., Ltd.
  • Tokyo Keiki
  • Dynaflox Shanghai Co., Ltd.

 Key Takeaways from Market Study

  • The global ultrasonic flow meter market is forecasted to reach US$ 4.11 billion by the end of 2034.
  • Sales of ultrasonic flow meters in the United States are predicted to increase at a CAGR of 7.3% through 2034.
  • Demand for ultrasonic flow meters in Japan is pegged at a market value of US$ 207.6 million for 2024.
  • Sales of clamp-on ultrasonic flow meters are forecasted to rise at a CAGR of 6.8% from 2024 to 2034.

 

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